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Comparison. to. Classical. Bitcoin. We will now compare Quantum Bitcoin to the classical Bitcoin protocol by Nakamoto [9] and show that Quantum Bitcoin has several advantages. Bitcoin transactions must be verified by third-party miners which, on average, takes 60 minutes but has considerable variance [13]. Bitcoin 

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Becoming a major Bitcoin miner in 2016 is a bit like setting up a shoe factory; only profitable if you're able to compete with the Chinese. Specifically, you'll need cheaper electricity and better access to the latest mining hardware. That's a pretty tall order, considering that several Chinese regions are over-supplied with 

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